When the Research Team Presented Alternatives in Terms of a Chance

Multiple Choice

 When the research team presented alternatives in terms of a chance for losses, the board chose the risk-seeking alternative, but when the team presented the alternatives in terms of opportunities for gain in the following meeting, the board switched to the risk-averse alternative. The board had succumbed to the _____ bias.

A) framing
B) discounting
C) status quo
D) confirmation